A London judge released former Deutsche Bank employee Christian Bittar on $1.46m bail after the ex-trader and five others were formally charged in court with manipulating a key interest-rate benchmark.
Bloomberg News reports that Bittar, a slim 43-year-old with dark brown hair, and former colleague Achim Kraemer, 51, appeared in court alongside ex-Barclays employees Colin Bermingham, Italian Carlo Palombo, 47-year-old Philippe Moryoussef and Sisse Bohart.
The judge released them, with bail set for Palombo, 37, and Moryoussef, who lives in Singapore, at $217,980, $145,320 for Kraemer, who is German and still working for Deutsche Bank, and $72,660 for Bohart, who has long, blonde hair and lives in Denmark. No security was requested for the 59-year-old Bermingham, who is retired and the only defendant living in the U.K. Five other traders also facing charges in the case didn’t attend the court session.
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